Development Opportunity!

Positioned in a deriving and expanding precinct, this property offers an opportunity to progress and expand the space with a strong potential for a high density residential apartment project, preliminary plans have been drawn for a possible 34 apartment site (STCA).
This is a tremendous opportunity to secure a prime landholding, covering a total of 1510m2 of RGZ1 zoned land warehouse with plenty of yard space, in a court location being leased on a monthly tenancy allows for income while you plan.
Location is key, the premises is surrounded by highly sought-after amenities, especially when you consider it's located only 600m* to Frankston Beach (Port Phillip Bay), approximately 800m* to the Frankston Train Station and less than 600m* to Bayside Shopping Centre with easy access to Melbourne CBD.
Enquire today, for further information or to arrange an inspection.